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the boehner plan goes for $2 trillion in deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, all right? we're going to get $2.2 billion in the spending of this country. let me rephrase that. that'll be a $2.2 trillion reduction in the total planned spending. the growth of our spending will alter, it'll be just about that line right there. we're potentially looking at the republican plan, well, in 2020, i guess the best way to show you is just how tough it is. we'll only have a deficit and a debt, a national debt under the boehner plan -- remember, this is the o plan, this is the b plan -- $25.2 trillion by 2022. mr. obama wants $350 billion in entitlement cuts over the next ten years, mr. boehner wants $800 billion in entitlement cuts, and we're going to see a big, dramatic negotiation. and what you and i is -- and all of our fellow americans are looking at is the prospect of a recession next year if the president and mr. boehner can't come to an agreement, as much as a 10% unemployment rate because both this president and the republican party, as you can see here, are
the boehner plan goes for $2 trillion in deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, all right? we're going to get $2.2 billion in the spending of this country. let me rephrase that. that'll be a $2.2 trillion reduction in the total planned spending. the growth of our spending will alter, it'll be just about that line right there. we're potentially looking at the republican plan, well, in 2020, i guess the best way to show you is just how tough it is. we'll only have a...
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does john boehner have more control? >> they think obama can get anything through the house of representatives. but everything that has happened since the election all of the moves in the republican caucus have been about boehner consolidating control over that tea party caucus that didn't allow boehner to get a deal in 2011. >> there will be some criticism about it being two people at the table. will they get a deal done? >> i think there's some criticism from republicans about secret negotiations. i hate to break to to people in washington, but all negotiations over policy are secret in washington. that's how legislation gets done. you have to be in a room with negotiators to cut a deal. i wouldn't fret. >> they get criticized for not talking to each other and criticized for how to talk to each other. king maker, leaving before his term is up. says he could be more effective outside of the senate. what are they making of this in washington? >> a lot of people say the allure of a think tank with a big salary. >> more th
does john boehner have more control? >> they think obama can get anything through the house of representatives. but everything that has happened since the election all of the moves in the republican caucus have been about boehner consolidating control over that tea party caucus that didn't allow boehner to get a deal in 2011. >> there will be some criticism about it being two people at the table. will they get a deal done? >> i think there's some criticism from republicans...
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speaker boehner is facing growing backlash from the more conservative wing of his party. at issue, the $800 billion in new tax revenue he proposed in a fiscal cliff deal which the white house quickly rejected because it does not raise taxes on the wealthy but aims to get the money through cuts in deductions. senator jim demint denounced boehner's plan as a tax hike that will, quote, destroy american jobs and allow politicians in washington to spend even more. senate minority leader mitch mcconnell also distanced himself from the boehner plan declining to endorse it yesterday. >> we've wasted enormous amount of time here sparring back and forth in public, and it strikes me it's a good time to get serious about the proposals. so i have no other particular observation than i commend the house republican leadership for trying to move the process along and getting to a point where hopefully we can have a real discussion. >> but why is the the gop still hot on its desire to raise money through cuts and deductions rather than an actual increase in the top end tax rate? well, i t
speaker boehner is facing growing backlash from the more conservative wing of his party. at issue, the $800 billion in new tax revenue he proposed in a fiscal cliff deal which the white house quickly rejected because it does not raise taxes on the wealthy but aims to get the money through cuts in deductions. senator jim demint denounced boehner's plan as a tax hike that will, quote, destroy american jobs and allow politicians in washington to spend even more. senate minority leader mitch...
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boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not going to be enough. you got to go the rates. once you do the rates, everything else might fall in place because do i think the white house will negotiate. >> i want to go over the stakes of all of this just for the average american family, if we do go over the cliff, about 90% of households would end up paying almost $3,500 more in taxes and one in five action pai -- taxpayers would have to pay the alternative minimum tax, which would mean an increase of $3,700 more of what you already know and those on unemployment i
boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not...
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these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the new normal are accentuating the positive. >> it's amazing. i'm not a criminal anymore. i can't go to jail for small amounts of marijuana, you know? it's -- i'm free to be free. >> the new law doesn't allow smoking in public places, just like alcohol, but police in seattle and across the state made an exception for overnight celebrations to ring in this new law. >>> so it's another public relations problem for penn state. the school's kai omega sorority is under investigation for stereotype i stereotyping latinos. pictures showed the sorority members in somberos with fake mustaches with signs that sa
these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the...
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a boehner aide said the g.o.p. is waiting for the president to identify spending cuts, a point the speaker made on the house floor earlier today while white house press secretary jay carney called on republicans to get serious about revenue. >> where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. now, if the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. because right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> on that question of whether or not we have put forward specific spending cuts, the answer is is we have. not only that, we signed law a trillion dollars in specific spending cuts. so if you combine what is signed into law with what we proposed versus the total absence of any specificity from the republicans for a single dollar in revenue, i think in the battle of
a boehner aide said the g.o.p. is waiting for the president to identify spending cuts, a point the speaker made on the house floor earlier today while white house press secretary jay carney called on republicans to get serious about revenue. >> where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. now, if the president doesn't agree with our approach, he's got an obligation to put forward a plan that...
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. >> then it looks like a win for boehner. that's -- i see that as his way not to lose his job and not to have all those republicans who, by the way, really don't like him being in the room alone. he becomes, you know, more of a collaborationist in that room alone with obama. >> they would prefer certain members of the republican party would like to see these televised, these negotiations televised on c-span. john boehner has said i don't want any of the congressional leadership. it's me and you. >> seconds and thirds in there have cantor in there and mccarthy in there, some other people. >> i'm sure cantor would like to be in there. >> yes. >> michael steele, the other thing -- the other sort of pieces of leverage here, if they exist for the republican party, are continuing unemployment insurance. 2.1 million long-term unemployed americans will lose benefits at the end much the year. another million will lose benefits in the next three months if we do nothing. the republicans have sort of said we're going to hold this stuff.
. >> then it looks like a win for boehner. that's -- i see that as his way not to lose his job and not to have all those republicans who, by the way, really don't like him being in the room alone. he becomes, you know, more of a collaborationist in that room alone with obama. >> they would prefer certain members of the republican party would like to see these televised, these negotiations televised on c-span. john boehner has said i don't want any of the congressional leadership....
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well, president obama and speaker boehner met one on one at the white house last night. it was the first time in almost a month. neither side is talking about what happened. but today president obama continues his public campaign to pressure republicans to give on taxes. later this afternoon, he'll head to michigan to talk to auto workers outside a plant in detroit. >>> if you listen to the sunday shows, seems like some republicans are willing to give in on taxes to get where they want to go. entitlements. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house. that's it. the presidency and the senate is in the democrats' hands. a lot of people are putting forth a theory. i actually think it has merit. where you go ahead and give the president the 2% increase that he's talking about. the rate increase on the top 2%. and all of a sudden the shift goes back to entitlements. >> let me bring in "washington post" columnist danny milbank and "usa tod
well, president obama and speaker boehner met one on one at the white house last night. it was the first time in almost a month. neither side is talking about what happened. but today president obama continues his public campaign to pressure republicans to give on taxes. later this afternoon, he'll head to michigan to talk to auto workers outside a plant in detroit. >>> if you listen to the sunday shows, seems like some republicans are willing to give in on taxes to get where they want...
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and that requires some level of compromise with john boehner, with republicans. it's going to be an interesting first 100 days. because he's going to be dealing with both those issues having a pretty strong hand, but desperately needing republican help. >> jim vandehei, always good to have you on the program. >> thanks, chris. >>> today's tweet of the day might be an indication that people are starting to tune out all of the fiscal cliff rangling. lisa barton writes from now on whenever i hear or read the words "fiscal cliff" or any related bad metaphors, parts of my brain will shut down. #catatonic. plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your
and that requires some level of compromise with john boehner, with republicans. it's going to be an interesting first 100 days. because he's going to be dealing with both those issues having a pretty strong hand, but desperately needing republican help. >> jim vandehei, always good to have you on the program. >> thanks, chris. >>> today's tweet of the day might be an indication that people are starting to tune out all of the fiscal cliff rangling. lisa barton writes from...
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john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not like raising the eligibility age for medicare. so there are other things that happen? can we scale back the generosity of the obama care subsidies? can we start means testing in additional ways in the medicare program? they have to get creative. >> they got it to get creative, zachary. this comes at the busiest time of the year for retailers and businesses. have you noticed any signs at this point that consumers are at all holding back this holiday season fearing we may go over the so-called fiscal cliff? >> there's a lot of news reports on consumers ho
john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not...
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what speaker boehner said correct. there's been no progress and there will be nor jockeying and leverage the next week. >> i want to point out in the president's weekly address that was issued yesterday, he says there's wiggle room by democrats to come up with a solution. >> that's true. that's what president obama -- he's been saying to republicans here and there, i'm willing to put more on the table but pour the moment, democrats are saying don't touch social security, don't cut medicare. this will come down to whoever blinks first on tax rates. republicans are going to bend on tax rates. maybe not $250,000 threshold, maybe closer to a million. but until that happens we won't see progress but obama will have to deal with problems on his left. he has to put entitlement reform, maybe raising the age of medicare down the road. >> when we look towards the beginning of the year and inauguration and seating of new congressional members, you'll have about 90 new folks that have been elected to get involved in this. is there
what speaker boehner said correct. there's been no progress and there will be nor jockeying and leverage the next week. >> i want to point out in the president's weekly address that was issued yesterday, he says there's wiggle room by democrats to come up with a solution. >> that's true. that's what president obama -- he's been saying to republicans here and there, i'm willing to put more on the table but pour the moment, democrats are saying don't touch social security, don't cut...
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in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that because it is a little difficult to say, yeah we want to raise retirement age for medicare or we want to cut or limit the social security cost of living adjustment. but i think the democrats will say, republicans you have to demand it but we'll give it to you if you demand it. martha: seems there are two levels of the political reaction to all of this. you've got the moment when a deal is reachesed, okay? you have what happens to the economy, six, seven, eight months down the road. if indeed you allow taxes to go up on all 100% and it starts to hit businesses
in return boehner will demand something in return. that has got to be serious spending cuts and serious entitlement reform. so far the president has not given very much. although i will say when i talked to tim geithner, treasury secretary last week on "fox news sunday", he seemed to be inviting the republicans to do it, in effect saying look we'll not sit there did it ourselves. we can't make your demand for you. you should two demand it. of course there is some politics in that...
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it's not john boehner's job to make this math add up. it's not john boehner's job to find ways of funding a three and a half or four trillion dollar budget. it's insane. if the democrats want to have a three and a half, four trillion dollar federal budget, fine. they can be the party of that. there ought to be a party that represents an alternative and john boehner is saying no, we'll help you close that gap. who needs the republican party? >> you think there will be an internal squabble, a fight, maybe an attempt to cede him in the end? >> i don' i don't know about th. i think there's a big choice for republicans. john boehner is basically slowly, quietly essentially offering himself as the guy who can kind of run the obama-size state more efficiently. in other words, he can provide slightly less insane arithmetic. he's come up with $800 billion of extra revenue. so what? that's half of last year's federal deficit. what's 800 billion in savings over a decade? that's irrelevant. absolutely. whatever time he spent negotiating that was a c
it's not john boehner's job to make this math add up. it's not john boehner's job to find ways of funding a three and a half or four trillion dollar budget. it's insane. if the democrats want to have a three and a half, four trillion dollar federal budget, fine. they can be the party of that. there ought to be a party that represents an alternative and john boehner is saying no, we'll help you close that gap. who needs the republican party? >> you think there will be an internal squabble,...
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boehner said his plan represents a middle ground. he's ready and eager to talk to the president about it. congresswoman kathy mcmorris rogers of washington state is the party's conference chair in the house. >> we're going to either succeed together or we're going to fail together. the president is calling for higher taxes as well as more spending. he's calling for another stimulus. at a time when we need tax reform. we need to be looking at... and the republicans have put forward tax reform that includes closing the loopholes, eliminating some of those tax credits, that will actually impact the wealthiest. >> reporter: some republicans said the boehner plan goes too far in taxing the well-off. south carolina senator jim demint, a staunch fiscal conservative, blasted the plan on twitter today. he said speaker boehner's offer of an $800 billion tax hike will destroy jobs and allow politicians in washington to spend even more. but the senate's democratic majority leader harry reid warned republicans against listening to such voices. >>
boehner said his plan represents a middle ground. he's ready and eager to talk to the president about it. congresswoman kathy mcmorris rogers of washington state is the party's conference chair in the house. >> we're going to either succeed together or we're going to fail together. the president is calling for higher taxes as well as more spending. he's calling for another stimulus. at a time when we need tax reform. we need to be looking at... and the republicans have put forward tax...
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jon: to the fiscal cliffhanger on capitol hill as the president and house speaker boehner say they're keeping open the lines of communication one day after meeting to discuss the ongoing negotiations aimed at stopping the combination of automatic tax increases and spending cuts set to kick in less than four weeks from now. chief congressional correspondent mike emanuel live on capitol hill for us. three weeks from the end of the year, mike. any signs of progress? >> reporter: jon, it is hard to tell we know the president and the speaker of the house met privately yesterday and as we mentioned both sides say the lines of communication are open but they are not giving out any details of what was discussed or any readout of the meeting. that may be a good sign. the previous meeting was on camera. this one face-to-face privately at the white house and so perhaps they had a chance to roll up their sleeves and get into some of the tough details in terms of finding a deal on the fiscal cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the
jon: to the fiscal cliffhanger on capitol hill as the president and house speaker boehner say they're keeping open the lines of communication one day after meeting to discuss the ongoing negotiations aimed at stopping the combination of automatic tax increases and spending cuts set to kick in less than four weeks from now. chief congressional correspondent mike emanuel live on capitol hill for us. three weeks from the end of the year, mike. any signs of progress? >> reporter: jon, it is...
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and frankly, and that's what speaker boehner is worried about. he is worried that if he makes this kind of deal, and works with nancy pelosi and works with the white house, that he could lose his speakership over. it but he has been moving in this last week, he has been removing recall trants from committee assignments. he has been exercising the powers that he should as a leader. >> president obama is not just sitting there. he has come forward asking to raise the debt ceiling. are you following that? >> yes. >> what do you think of that, and what do you think the congress thinks of that? >> well, it has to be raised. >> that's the power of the purse. >> the power of the purse is the power to spend. congress has already authorized and appropriated all of this money. now, it wants to come back in and prevent the government from paying the debts accrued by congress itself. so there is something absurd in congress coming in behind, and saying all of am money that we appropriated, we -- this money that we appropriated, we don't want to pay for it. w
and frankly, and that's what speaker boehner is worried about. he is worried that if he makes this kind of deal, and works with nancy pelosi and works with the white house, that he could lose his speakership over. it but he has been moving in this last week, he has been removing recall trants from committee assignments. he has been exercising the powers that he should as a leader. >> president obama is not just sitting there. he has come forward asking to raise the debt ceiling. are you...
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john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show that republicans would overwhelmingly be blamed if the united states goes over the proverbial fiscal cliff. and that's why president obama has an advantage, because he's willing -- he says, this is what he and his advisers say, he's willing to send the nation off of the fiscal cliff, letting all income tax rates to jump, spending cuts to take hold, investment income rates to jump. he's willing to do that. he thinks republicans would get the political blame. republicans, on the other hand, note that listen, the president's going to have to have another term where he's dealing with what's likely to be a deep recession as a r
john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show that republicans would overwhelmingly be blamed if the...
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but house speaker and john boehner have not sat down for negotiations. even though corker is saying there is growing sentiment to accept the president's tax rate on the wealthy, many republican, of course, still adamantly opposed to any tax hike. they could give the peeker a very tough time in the house if that were the ultimate compromise. the president continues to insist there is no deal without that tax hike on the wealthy. he said yesterday, he's willing to work with republicans on a comprehensive plan. all they need to do is to sit down and hammer that out. so far, that hasn't happened. we are all waiting. >> 23 days to we will see if they do that. some are asking exactly how bad will the automatic tax increases and spending cuts actually be? this morning, democratic senator charles schumer said it would be terrible. others predict tell actually be what this nation needs to begin to rein in government spending. will it? joining us is a former republican campaign manager and aide to the g.o.p. leadership. welcome. if this kicks in, in 23 days, will
but house speaker and john boehner have not sat down for negotiations. even though corker is saying there is growing sentiment to accept the president's tax rate on the wealthy, many republican, of course, still adamantly opposed to any tax hike. they could give the peeker a very tough time in the house if that were the ultimate compromise. the president continues to insist there is no deal without that tax hike on the wealthy. he said yesterday, he's willing to work with republicans on a...
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speaker boehnerments to -- boehner wants to talk face to face with the president, and the president wants to talk to no one. teaching students everything a student shld never become, the union uses a cartoon to talk taxes. you decide, is this teacher's union all wet? after months of campaigning for the president, bill clinton and the president should be best of friends; rig? ed, author of "the amateur"ays his sources say they are anything but. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list atthe winter event going on now through december 31st. [ santa ] ho, , ho! [ male announcer ] lease a 2013 e350 for $579 a month at your lal rcede deale lieu lie -- lou: well, you got to love former president bill clinton, interesting words on the fiscal cliff. in an event in sacramento, the president declared the whole standoff between president obama and the republicans as, quote, just a kabooky dance, two dogs that meet each other over a piece of meet, sniffing each other out, and moving towards a deal. with that elegance in mind,d, w
speaker boehnerments to -- boehner wants to talk face to face with the president, and the president wants to talk to no one. teaching students everything a student shld never become, the union uses a cartoon to talk taxes. you decide, is this teacher's union all wet? after months of campaigning for the president, bill clinton and the president should be best of friends; rig? ed, author of "the amateur"ays his sources say they are anything but. ♪ ♪ [ engine revs ] ♪ [ male...
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the president and the house speaker john boehner finally spoke yesterday by phone. they have both agreed to keep the details of the discussion under wraps. they're both standing firm on the tax hike, their positions on the tax hikes for the top 2%. listen. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> once republicans acknowledge that rates are going up for top earners, we believe that an agreement is very achievable. >> kate balduan is in washington, d.c., this morning. so that's kind of a depressing thing, when just the advent of a phone conversation between the two top dealmakers is the headline, isn't it? >> i could not agree with you more. the fact that they spoke, but the fact that there's no progress, and that's a headline. i mean, if we want to take anything from it, any significance, it's the first time they've talked in a week. take that what you will. it's almost like hope springs eternal, but we are a long way from a deal still. neither side, as you said is giving on their basic position. president obama conti
the president and the house speaker john boehner finally spoke yesterday by phone. they have both agreed to keep the details of the discussion under wraps. they're both standing firm on the tax hike, their positions on the tax hikes for the top 2%. listen. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> once republicans acknowledge that rates are going up for top earners, we believe that an agreement is very achievable. >> kate...
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speaker boehnerments to -- boehner wants to talk face to face with the president, and the president wants to talk to no one. teaching students everything a student should never become, the union uses a cartoon to talk taxes. you decide, is this teacher's union all wet? after months of campaigning for the president, bill clinton and the president should be best of friends; right? ed, author of "the amateur" says his sources say they are anything but. ♪ [ engine revs ] ♪ ♪ [ male annouer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] h ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. at your local and you see the woman you fell in love witd but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is theonlyd to treat ed and symptoms of bph, like needing to go frequently or urgent
speaker boehnerments to -- boehner wants to talk face to face with the president, and the president wants to talk to no one. teaching students everything a student should never become, the union uses a cartoon to talk taxes. you decide, is this teacher's union all wet? after months of campaigning for the president, bill clinton and the president should be best of friends; right? ed, author of "the amateur" says his sources say they are anything but. ♪ [ engine revs ] ♪ ♪ [ male...
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Dec 9, 2012
12/12
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and but speaker boehner hasn't said that. and so we democrats realize that there has to be two sides of the bargain but we're not going back to 2011, putting revenues and cuts on the table and ended up with the cuts because the other side didn't accept the revenue. >> speaker boehner has yet to sit down with president obama or treasury secretary geithner. boehner said he would accept new revenue but the president insists there's no deal without higher tax rates on the wealthy. in his radio address yesterday he said he's willing to work with republicans to hammer out a plan he says would give both sides some of what they want. meantime, of course, the clock is ticking. >> it is, we're watching, steve. thank you very much. >>> much of the conversation in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fict
and but speaker boehner hasn't said that. and so we democrats realize that there has to be two sides of the bargain but we're not going back to 2011, putting revenues and cuts on the table and ended up with the cuts because the other side didn't accept the revenue. >> speaker boehner has yet to sit down with president obama or treasury secretary geithner. boehner said he would accept new revenue but the president insists there's no deal without higher tax rates on the wealthy. in his...
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Dec 5, 2012
12/12
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the call unlike the night when president obama called john boehner on election day and john boehner didn't answer his call. i think that you have to have both parties willing to engage with each other and talk to each other. looking back at the 1980s, for example, when ronald reagan was president and tip o'neill was speaker of the house, they didn't agree but they sit down and talk and negotiate and compromise and today's republican party so hijacked by the right wing they're incapable of agreement. >> let's put aside the right wing here. we know that speaker boehner purged some of those seen as not being team players within his own party and we'll discuss the fact he's taken a hit for that. beyond the right wing or whatever you have numbers. you have exit polling. you have pew research poll that shows where the american people stand. if all of the people are there to represent us, meaning the people who are watching right now and the panel included here, we are all americans, we pay taxes, then why isn't this work getting done? >> well, just look at speaker boehner's fiscal cliff p
the call unlike the night when president obama called john boehner on election day and john boehner didn't answer his call. i think that you have to have both parties willing to engage with each other and talk to each other. looking back at the 1980s, for example, when ronald reagan was president and tip o'neill was speaker of the house, they didn't agree but they sit down and talk and negotiate and compromise and today's republican party so hijacked by the right wing they're incapable of...
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. >> well, spiker boehner believes and convinced me he's negotiating with himself. he's in the spot between, and let's be clear, john boehner's never voted for a tax increase in his entire caer in the house so he's got his principles, and, on the other hand, we saw in november, bewere not successful coming to electioneering. we're going to be blamed. he wants to create the appearance of a willingness to sit down in talk in a broad way in entitlement reform, bending the spinning art, but the president won't engage it. it's give me my increase on the dreaded rich people, and and unlimited credit card with respect to the debt ceiling. can you imagine anything more absurd than us giving eman unlimited ability to raise the debt ceiling? he's got the unmitigated ability to ask for tt. lou: congressman, i have the most profound respect. you t me to tears thinking about the 435 folks there on capital hill in the house who have little tiny megaphones and can't get their message out, but then i start desperately looking for the message, and i can't even find it as i seek it.
. >> well, spiker boehner believes and convinced me he's negotiating with himself. he's in the spot between, and let's be clear, john boehner's never voted for a tax increase in his entire caer in the house so he's got his principles, and, on the other hand, we saw in november, bewere not successful coming to electioneering. we're going to be blamed. he wants to create the appearance of a willingness to sit down in talk in a broad way in entitlement reform, bending the spinning art, but...
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Dec 12, 2012
12/12
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speaker boehner's approval rating is taking a beating. the top tax rates that is a core issue for republicans, even though we are hearing from more of them, a handful of members in both the house and senate talking about the likely hood that that will in fact happen. the highest earners will pay more. that would likely be the last piece of the puzzle in a negotiation. i'm hearing from people in both sides say expect this to keep going and a likelihood if a deal is achievable it will happen close to the deadline seems to be the thinking. they are telling everybody to be prepared to be here during the holidays. we are hearing that as well. there is sort of a resignation that it's going to be a long process. >> thank you, kelly. great le appreciate it. the national political reporter for the atlantic democratic strategist keith bicycle in. amy stoddard, associate editor for the hill paper. thank you all for joining us. let me start off with you. we are going to show our audience later the headlines or a couple of the headlines out there. if
speaker boehner's approval rating is taking a beating. the top tax rates that is a core issue for republicans, even though we are hearing from more of them, a handful of members in both the house and senate talking about the likely hood that that will in fact happen. the highest earners will pay more. that would likely be the last piece of the puzzle in a negotiation. i'm hearing from people in both sides say expect this to keep going and a likelihood if a deal is achievable it will happen...
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Dec 6, 2012
12/12
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>> reporter: they are a long way from a deal, but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter and the two men have not moved from that basic position. now, all of this quomz comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. all americans get a tax cut on
>> reporter: they are a long way from a deal, but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the...
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Dec 6, 2012
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. >>> and house speaker john boehner discussed fiscal strategies with president barack obama in a phone call. this comes as another republican is ready to break ranges. he said he could support president barack obama's demand for an increase in tax rates as part of a comprehend sufficient plan -- comprehensive plan to cut the federal deficit. some are looking for ways to save faces a they give in. >>> and maintenance costs, used by state lawmakers, at least a douse member of the legislature had repairs on those vehicles and repairs were made before lawmakers used them for their personal use. in any case the costs were thousands of dollars. >> only state in the country finally ended this program and they saw some abuse and they saw voters did not like the program and that it was a perk they could give up. >> starting this year, lawmakers are not issued any cars anymore instead they are. >> paid a moulin rate -- mileage rate for using their own vehicles. >>> now here is a look at items where they recently confiscated them from the burglary ring. investigators have arrested two brothers an
. >>> and house speaker john boehner discussed fiscal strategies with president barack obama in a phone call. this comes as another republican is ready to break ranges. he said he could support president barack obama's demand for an increase in tax rates as part of a comprehend sufficient plan -- comprehensive plan to cut the federal deficit. some are looking for ways to save faces a they give in. >>> and maintenance costs, used by state lawmakers, at least a douse member of...
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Dec 11, 2012
12/12
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boehner handed over his sword. it's clear the republicans with all the desense among them are ready to raise rates. that's probably going to happen. that's really a rubycon they have to do it raising the eligibility age for medicare, changing the cost of living adjustment means testing. they get nothing. they cannot accept higher rates. if they get something from the president, which he is withholding now, i think that will give them a way to at least honorably hand over a sword but walk out still dressed. >> with their trousers? >> yes. >> that is it for a clothed panel. student for some things that make interviews more interesting than others on capitol hill. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is goin
boehner handed over his sword. it's clear the republicans with all the desense among them are ready to raise rates. that's probably going to happen. that's really a rubycon they have to do it raising the eligibility age for medicare, changing the cost of living adjustment means testing. they get nothing. they cannot accept higher rates. if they get something from the president, which he is withholding now, i think that will give them a way to at least honorably hand over a sword but walk out...
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Dec 7, 2012
12/12
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so john boehner trying to simplify things. he's asking top democrats and republica republicans to step aside so he can negotiate with the president one-on-one. it seems to be a request that everyone was able to live with. brianna keilar is live for us at the white house. if this is the case that everybody has been cleared out of the room, does that surprise you? it seems to make sense to me. >> reporter: it's not surprising at all. this is what observers of this process thought would happen all along. ultimately this was a process that would come down to president obama and house speaker john boehner brokering a deal. very much the way you saw they attempted to do during the debt ceiling debacle last year. it simplifies the problem of less cooks in the kitchen. then they will have to sell it. president obama would have to bring in democrats. john boehner would have to bring in his republicans and make sure everyone is on board. this comes on the heels of what has really been radio silence between the white house and house repu
so john boehner trying to simplify things. he's asking top democrats and republica republicans to step aside so he can negotiate with the president one-on-one. it seems to be a request that everyone was able to live with. brianna keilar is live for us at the white house. if this is the case that everybody has been cleared out of the room, does that surprise you? it seems to make sense to me. >> reporter: it's not surprising at all. this is what observers of this process thought would...
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Dec 6, 2012
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boehner will be glad to see the end of mr. demint. >> i'm sure he will. i think it represents the weakens of the tea party within congress. jim demint is a movement conservative. we have certainly not seen nor heard the last of him. he will find other ways to create headaches for both boehner and mcconnell, but i agree with david. most importantly, it may be a slight relief from the headache for john boehner, but he's still got a big challenge in that he is negotiating at this point with himself and not facing the reality that he doesn't really have a lot of leverage. >> indeed. jared, speaking of the details themselves, speaker boehner is saying that his is a serious offer that produces sufficient revenue and savings for the next decade. you're an economist, does it? do his numbers really add up? >> well, no, they don't add up because they lack any level of specificity that you would need to even write them down and put a plus sign next to them so see if they'd add up. he did the same -- >> hang on a second though. he said he stuck $800 billion in revenu
boehner will be glad to see the end of mr. demint. >> i'm sure he will. i think it represents the weakens of the tea party within congress. jim demint is a movement conservative. we have certainly not seen nor heard the last of him. he will find other ways to create headaches for both boehner and mcconnell, but i agree with david. most importantly, it may be a slight relief from the headache for john boehner, but he's still got a big challenge in that he is negotiating at this point with...
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Dec 10, 2012
12/12
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a fox urgent, breaking news on a one-on-one meeting held between president obama and house speaker boehner on the so-called fiscal cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff, we're not reading out details of the communication, but the lines of communication remain open, end quote. this meeting comes as the white house and congress appear to be at at impasse, you know by now is crippling spending and tax hikes and could cost us jobs and send us back into recession and to solve the problem, republicans say we must prevent our ballooning national debt from crushing generations. and chief white house correspondent now ed henry joins us by phone with the latest on this breaking story, ed, they kept this under wraps
a fox urgent, breaking news on a one-on-one meeting held between president obama and house speaker boehner on the so-called fiscal cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at...
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lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the n
lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end...